ICE GASOIL: (X17) Bears Need Close........>

OIL TECHS: ICE GASOIL: (X17) Bears Need Close Below $527.25

*RES 4: $550.50 - 2017 High Sept 26, Bollinger band top 

*RES 3: $546.50 - High Oct 16 

*RES 2: $544.00 - High Oct 17 

*RES 1: $538.50 - Hourly support Oct 18 now resistance

*PRICE: $537.00 @ 0330GMT

*SUP 1: $532.13 - 21-DMA 

*SUP 2: $527.25 - Hourly support Oct 13a 

*SUP 3: $523.75 - Hourly support Oct 12 

*SUP 4: $518.50 - Alternating hourly support/resistance

*COMMENTARY: Pressure has again returned to the 21-DMA, this time as support

with the $527.25-532.13 support region key as bounces remain capped ahead of the

$546.50-550.50 region. Bears look for a close below $527.25 to confirm a break

of the 21-DMA, ease bullish pressure and shift focus back to $503.75-512.75

where the 55-DMA ($508.00) and bull channel base are noted. Bulls now need a

close above $550.50 to target the bull channel top ($571.04).